RE: The business desk23 Jan 2024 17:47
Nice try Uncle Doug but the article isnt that complimentary about the company at all on reality, is it?
The new guy himself seems ok from what ive read of him, as per article, but seems you've not read as far as this lot.
Not like you to cheerypick or anything is it.
You dont also need to worry about my investments, doing rather nicely thank you, commodities are cyclical and ive already given you all you need to calculate my average in Glen, ask a 5 year old if your struggling.
Sorry you bought a pup here, maybe a good oppo to buy into a decent profitsble business instead, for a change?
"However, its share price has tumbled from a year-high of 60.94p per share and was 34p at the opening of the market today.
Russ Mould, investment director at Manchester investment platform, AJ Bell, said: “There wasn’t too much for investors to chew over in Boohoo’s latest update on trading. There will be some relief the company is on track to hit the downbeat expectations unveiled in October but that is overshadowed by the departure of chief financial officer Shaun McCabe with immediate effect.
“It’s the kind of development which reinforces the impression there’s too much noise around Boohoo, whether it’s ethical questions over its supply chain, sustainability concerns around fast fashion or a boardroom battle with fellow AIM company Revolution Beauty.
“McCabe had only been in the job for a little over a year and to lose a finance chief so rapidly is never a great look, even if Betfair and Zoopla alumni Stephen Morana looks a solid appointment as his replacement."